“Tesserent is progressing for completion to occur as soon as Asta meets the conditions precedents as agreed in the Share Purchase Agreement. We continue to work with the Asta team to progress this opportunity.”
So ASTA is probably stalling hard, probably seeking for a lower share price and could withdraw from the takeover because TNT share price is down from 7c. FML.
No indicative date provided on when it will agreed.
I can smell trouble.
Also, extremely disappointing on new security contracts signed. What kind of sales people do they have. Only $184k? How is TNT going to be Australia’s biggest cyber security provider at this rate???
- Forums
- ASX - By Stock
- TNT
- Ann: Appendix 4C - quarterly
Ann: Appendix 4C - quarterly, page-2
-
- There are more pages in this discussion • 18 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add TNT (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
SPONSORED BY The Market Online